this post was submitted on 11 Jun 2024
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The real sad thing is that you and the person you replied to are talking like "publicly traded" and "private" are the only two options, because worker cooperatives are so rare everybody forgets about them.
For me anything "private" just means you can't buy shares publicly. Worker cooperatives would be included in that (since you need to be a worker to own a "share")
And those go public anyway. I used to work for the largest employee owned company.